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Gold/Mining/Energy : Crystallex (KRY)

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To: Fulvio Castelli who wrote (7260)3/20/1998 4:55:00 PM
From: marcos  Read Replies (1) of 10836
 
Well, he had been thinking that legislated action was a possibility, but now does not, based on 'clear public statements' - I don't know by whom, but likely Alvarez is one; vheadline.com [this person is practicing English by following Carson's site]

I mentioned this proposition in a number of posts, among them this one;
207.183.153.73

Sorry, can't satisfy any curiosity regarding this person, who would like to remain anonymous, other than to clearly state that he is not an insider of any public company or of any court, and holds no shares in either company. Just a fairly informed person with a strong curiosity and a very practical bent and an interest in learning English. One thing he stresses - this whole case is embarrassing to the nation of Venezuela. Another - don't ever think that V politics or law is simple.

I made several KRY trades on Monday and Tuesday, and at this point have very few. I might have bought more to hold through the week-end, but ended up using my computer time today emailing and lurking/posting SI and trading another stock. I believe that kry will before very long secure their rights to Las Cristinas, but not 100%, and anyway it is only a gold mine. It's March 1998, and yogourt stands do better in the market. That will change, but I don't think people should hold their breath waiting. It would be insane, imho, to buy this stock on margin, especially considering the market power of the Asensios of this world. At the same time, I will not be without a few, probably largely as a statement in favour of reform in Latin America in general, but with profit in mind as well.

.... A fine spring week-end to all ............. salud ......... marcos
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